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MIT held its $100K Competition Elevator Pitch Contest earlier this month, where it awarded the $5,000 grand prize to MegaMIMO, a wi-fi optimization system focused on easing overcrowded wireless network issues.
MegaMIMO is the brainchild of Hariharan Shankar Rahul and Swarun Kumar, graduate students of MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL), and CSAIL principal investigator Dina Katabi.
The system operates by bringing strong wi-fi signals in weak network areas by building on “the collaborative strength of multiple wireless access points,” a news release from MIT indicated.
MegaMIMO has not yet launched as a company, but Rahul said in his elevator pitch that a prototype of the wi-fi optimization system has already been built.
The MIT $100K Competition is a series of three competitions held each year in which MIT students and researchers pitch business ideas for feedback and funds. The series includes the Elevator Pitch Contest, the ACCELERATE Contest and the Business Plan Contest.
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